Crypto

A modest 1% allocation to Dogecoin (DOGE) could significantly improve portfolio returns without meaningfully increasing risk, according to a new analysis by crypto investment firm 21Shares. In its April report, the firm evaluated how Dogecoin performs when added to a Bitcoin-enhanced growth strategy. Stress-tested portfolios The firm’s portfolio stress-testing showed that the baseline portfolio, a […] The post 21Shares highlights Dogecoin’s role in diversified, high-return investment portfolios appeared first on CryptoSlate.

The judge overseeing Eisenberg's case said he was considering approving a retrial on fraud charges for the Mango Markets theft.

Bitcoin has emerged as the only 'true hedge' against geopolitical risk, Animoca Brands' co-founder said at Cointelegraph's LONGITUDE event in Dubai. Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail investors, Kunz said during Cointelegraph's LONGITUDE event in Dubai.  "Every retail user should be thinking about getting at least one Bitcoin — very soon they won’t be able to afford it,” Kunz said.  Read more

The company boosted its BTC Yield target to 25% from 15% and its BTC $ Gain Target to $15 billion from $10 billion.

Follow what's happening on Myriad Markets' most popular prediction markets, from Strategy’s Bitcoin buys to rate cuts and beyond.

Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that […] The post Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest appeared first on CryptoSlate.

Dogecoin Whale accumulation of 100M tokens this week has coincided with a 15% price rebound and bullish research from ETP issuer 21Shares, which has projected values from $0.38 to $1.42 by 2025, depending on adoption. Analysts say clearing $0.20 remains key after resistance at $0.1920. The post Dogecoin Whales Scoop Up 100M DOGE in a Week, Fueling $0.20 Breakout Hopes appeared first on Cryptonews.

The original cryptocurrency turned higher after Meta and Microsoft notched better-than-expected earnings results.

Veteran trader Peter Brandt says Bitcoin price could rally to $150,000 by summer if it can “regain the broken parabolic slope.” Key takeaways: Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability of a Federal Reserve interest rate cut rose to 62.8% for the June 18 Federal Reserve meeting. Read more

The two assets have had inverse-correlated ETF flows on four different days in the last week.

The SEC subpoenaed PayPal in late 2023 over its dollar-backed stablecoin.

Cointelegraph’s LONGITUDE Dubai edition brought together executives from Polygon and Near Protocol to explore the intersection of AI and blockchain. Cryptocurrency can accelerate artificial intelligence adoption by helping AI startups onboard users, according to Polygon's co-founder Sandeep Nailwal. “You can use crypto incentives and disincentives to onboard users to onboard the ecosystem players,” Nailwal said during a panel discussion at the LONGITUDE by Cointelegraph event. He added that projects with effective onchain incentive structures might even “build a better AI because you have this incentive engine that brings in developers,” Nailwal said on May 1. Read more

A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess.  A recent Glassnode report noted that the adjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio, which now point to reduced investor […] The post Bitcoin market clears speculative froth as on-chain indicators stabilize appeared first on CryptoSlate.

World ID expands beyond verification, adding crypto loans, prediction markets, and even a Visa card for spending WLD tokens in daily life.

The crypto investment firm's latest raise brings its assets under management to roughly $550 million. 

Paolo Ardoino said that the recently implemented European framework on digital assets was "very dangerous when it comes to stablecoins." Paolo Ardoino, CEO of stablecoin issuer Tether, addressed criticism over the company's decision not to seek registration under the European Union’s Markets in Crypto-Assets (MiCA) framework, arguing that the regulations were risky for stablecoins. Speaking to Cointelegraph at the Token2049 conference in Dubai, Ardoino reiterated that Tether had no plans to apply for its US dollar-pegged stablecoin USDt — the largest by market capitalization — to be compliant under MiCA in European countries, potentially forcing exchanges to delist the stablecoin. He added that though crypto firms had to follow regulations, there was a “fear of compliance” among companies in the EU. “[...] MiCA license is very dangerous when it comes to stablecoins, and I believe that is even more dangerous for the small, medium banking system in Europe,” said the Tether CEO, adding that banks in the region c...

Tether increased its exposure to US Treasuries by more than $3 billion between quarters while posting a steep year-over-year decline in quarterly profits. According to its latest attestation report published on April 30, Tether’s combined holdings of US Treasury bills, reverse repurchase agreements, and money market funds with Treasury exposure reached approximately $120 billion by […] The post Tether boosts US Treasury holdings by $3B amid YoY profit drop appeared first on CryptoSlate.

Michael Ellis thinks Bitcoin and crypto is here to stay, calling the wider adoption of the crypto “a great trend.”

The Nasdaq-listed Strategy, formerly MicroStrategy, is on the rise ahead of reporting earnings—just as Bitcoin's price jumps.

Stablecoin giant Tether says it now holds nearly $120 billion worth of direct and indirect exposure to U.S. Treasuries.